Indian Railway Finance Corporation IRFC
Financing arm - leases rolling stock and infrastructure assets to Indian Railways
Mapped in 1 theme: Railways / Vande Bharat & Metro Rolling Stock.
Where Indian Railway Finance Corporation sits in the supply chain
Indian Railway Finance Corporation appears in 1 supply-chain layer in one theme, Railways / Vande Bharat & Metro Rolling Stock.
Railways / Vande Bharat & Metro Rolling Stock › Railway PSU Ecosystem: Financing, Ticketing & Digital Infra
EnablerOther companies in this layer
Revenue and profit
| ₹ Cr | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 26,650 | 27,153 | 27,285 |
| Net profit | 6,412 | 6,502 | 7,009 |
Latest-year revenue ₹27,285 Cr (FY26, company-wide). Wider screens show FY22 onwards.
Strengths
- Sole dedicated financing vehicle for Indian Railways' rolling-stock and infrastructure capex, giving it a structurally captive, sovereign-backed lending book with minimal credit risk
Risks
- Concentrated almost entirely on financing Indian Railways - performance is tightly linked to IR's own capex and credit policy, not a diversified loan book
Common questions
What does Indian Railway Finance Corporation do?
Financing arm - leases rolling stock and infrastructure assets to Indian Railways.
Where does Indian Railway Finance Corporation sit in the supply chain?
Indian Railway Finance Corporation (NSE: IRFC) is mapped in 1 supply-chain layer: Railway PSU Ecosystem: Financing, Ticketing & Digital Infra (Railways / Vande Bharat & Metro Rolling Stock).
Who are Indian Railway Finance Corporation's peers?
In the Railway PSU Ecosystem: Financing, Ticketing & Digital Infra layer of Railways / Vande Bharat & Metro Rolling Stock: IRCTC, RailTel Corporation of India, RITES Ltd and Container Corporation of India.
What is Indian Railway Finance Corporation's market cap and valuation?
As of 30 Oct 2026: market cap ₹95,833 Cr, P/E 13.0x, ROCE 5.6%, ROE 12.8%, dividend yield 2.86%.